Kass: Blame Game Is Dishonest

This blog post originally appeared on RealMoney Silver on Aug. 25 at 9:11 a.m. EDT.

"The most nefarious aspect of the short sellers revolves around their concerted efforts to destroy, or at least diminish, the companies' existence as going concerns."

-- Marty Whitman, Third Avenue Funds' third-quarter 2008 letter

I am struck by the fact that such a large number of respected money managers have purchased huge positions in many of the financial stocks that have dropped so dramatically over the past two years. (Many of these have been analyzed and discussed critically on these pages as attractive short sales.) ...